News
Brick-and-Mortar Gets a Break
A landmark Supreme Court ruling is good news, particularly for smaller and emerging retail property operators, says Transwestern’s Crystal Allen.
SunTrust Arranges $50M for Purchase of Dual-Branded Marriott Hotel
Key International is the new owner of a 255-key property in Clearwater Beach, Fla., which incorporates both a Residence Inn and a SpringHill Suites.
Berkadia Secures $13M Refi for Miami Beach Hotel
The brokerage team represented borrower Eidico, an Argentinean real estate developer specializing in hospitality, which acquired The Lord Balfour Hotel roughly eight years ago.
Inland Empire Shopping Center Commands $26M
CBRE has arranged Tarski Group’s acquisition of Heritage Plaza, a 119,000-square-foot retail center in Riverside, Calif., from a pair of Orange County developers.
Marcus & Millichap’s Nadji on What’s Shaking Up the Industry
At the 2018 CREW Convention and Marketplace in San Diego, the firm’s CEO talked about the most important trends currently impacting the real estate services business.
Industrial Sector on Fire as Experts Brace for Change
Robotics, automation and more creative approaches to logistics centers are part of the new era in the country’s booming market.
UBS to Relocate Galleria Branch to West Houston
The new office at Town Centre I will feature a modern, open-plan design with large windows. The relocation is scheduled for March 2019.
Executive Spotlight: Michael Phillips, Jamestown
The company’s president shares his views on how technology disrupts the real estate climate and what’s next for the investor/developer, as it expands outside of the U.S.
Trammell Crow-Led Team Kicks Off $453M Mixed-Use Project in LA
Vermont Corridor, the product of a public-private partnership, will revitalize a stretch of the city’s Koreatown neighborhood with office, residential and retail space, along with county services.
Fully Leased Atlanta Warehouse Changes Hands
Mayfield Properties sold the distribution center for more than $16 million. The roughly 455,000-square-foot asset last traded in 2014 for $12.8 million.